Ceragon Networks Ltd. (CRNT)
NASDAQ:CRNT
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Earnings Data
Report Date
Aug 03, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.01Last Year’s EPS
0.03Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced several encouraging operational and market developments — notably strong India bookings (~$86M), improved gross margin, positive free cash flow, new product POC success and reiterated 2026 guidance — against clear near-term headwinds including a semiconductor supply timing issue that shifts some North America revenue, currency-related financial expense increases, Q2 margin pressure from an India‑heavy mix, and a meaningful drop in non‑GAAP net income and EPS. Management communicated confidence in a Q3 recovery and maintained full‑year targets, and positioned recent challenges as largely temporary and non‑operational.Company Guidance
Strong India bookings and execution
Announced approximately $86 million in bookings in India (mainly from 2 leading operators); India represented $30.0M or 35% of Q1 revenue and company expects India to comfortably support a ~ $100M baseline for the year with potential upside.
Regional revenue concentration but resilient top line
Q1 revenue of $85.0M with North America $31.3M (37% of revenue) and India $30.0M (35%); management stated results were largely in line with expectations and reiterated full-year revenue guidance of $355M–$385M.
Improved gross profit and margin year-over-year
Non-GAAP gross profit of $30.6M, up 3.1% YoY; non-GAAP gross margin 36.0% vs 33.5% in Q1 2025, an increase of ~2.5 percentage points driven by favorable geographic/product mix and higher software license revenue.
Positive free cash flow and stronger net cash position
Generated positive free cash flow of $2.8M in Q1 (vs negative $1.4M in Q1 2025 ex-acquisition); cash of $39.2M and net positive cash position of $22.1M (up from $19.4M at end of 2025). Inventory and trade receivables declined sequentially (inventory $56.5M, receivables $94.4M).
New product traction and customer wins
Successful proof-of-concept of FR2 (28 GHz) product with a major North American Tier‑1 and advancing commercial discussions (potential meaningful orders beginning Q3); announced ~ $10M in private network contracts and accelerating demand for E‑Band solutions and IP‑50EXA platform.
Guidance reiterated and margin targets maintained
Company reiterated 2026 revenue guidance of $355M–$385M and margin targets including a 1 percentage point improvement in non‑GAAP gross margin and an operating margin target of 6.5%–7.5% at the midpoint of revenue guidance.
Improving competitive positioning and market opportunity
Management reported stronger competitive position, increased engagement following Nokia's wireless transmission divestiture (especially in Europe), and momentum in EMEA with expectations of a record year in the region.
CRNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 19, 2026 | $2.51 | $2.53 | +0.80% |
Feb 17, 2026 | $2.26 | $2.22 | -1.77% |
Nov 11, 2025 | $2.28 | $2.34 | +2.63% |
Aug 06, 2025 | $2.26 | $1.93 | -14.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ceragon Networks Ltd. (CRNT) report earnings?
Ceragon Networks Ltd. (CRNT) is schdueled to report earning on Aug 03, 2026, Before Open (Confirmed).
What is Ceragon Networks Ltd. (CRNT) earnings time?
Ceragon Networks Ltd. (CRNT) earnings time is at Aug 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRNT EPS forecast?
CRNT EPS forecast for the fiscal quarter 2026 (Q2) is 0.01.